Miami-Dade voters to decide on tax amendments and school funding

Voters in Miami-Dade County face several significant ballot measures regarding constitutional amendments and local taxation. One proposal seeks to increase the state budget stabilization fund cap from 10% to 25% of general revenues, allowing the legislature to retain up to $750 million or the amount needed to reach that threshold, subject to specific conditions.

Other amendments include a tax exemption for tangible personal property used in agricultural production or agritourism on classified agricultural land, intended to take effect in 2027. Additionally, a measure proposes increasing the homestead exemption for non-school taxes to $150,000 in 2027 and $250,000 in 2028, with subsequent adjustments for inflation.

On November 3, 2026, residents will also decide on the continuation of a $1 mill school tax for a four-year period spanning July 2027 to June 2031. This tax, which generates approximately $569.5 million for the school system, is currently distributed with 88% allocated to teacher salaries and 12% to school security. The funds are designated for the operating expenses of Miami-Dade Public Schools, including charter schools.